Topic: If Bitcoin had a stable price, would it still be as popular? - page 22. (Read 171736 times)
December 25, 2017, 05:34:24 AM
If the price of bitcoin will be stable then yes it will be more popular as then more people will put their money into bitcoin and will completely believe and rely for their money to save in bitcoin wallet and will not have any fear of losing their money with volatility.
December 25, 2017, 05:31:35 AM
Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
Not bitcoin, for that pourpouse we have other less valuable coins such as Doge, if bitcoin falls below 1$ that's the end of the coin for sure.
If bitcoin is in stable price the popularity and demand in the market will be lost they will find other potential coin that can give them a high profit because people's first attractions is the exchange rate,bitcoin become popular because of it's potential and a higher price of the market that can attract more people and investor's to invest in bitcoin.
December 25, 2017, 05:25:36 AM
Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
Not bitcoin, for that pourpouse we have other less valuable coins such as Doge, if bitcoin falls below 1$ that's the end of the coin for sure.
If bitcoin is in stable price the popularity and demand in the market will be lost they will find other potential coin that can give them a high profit because people's first attractions is the exchange rate,bitcoin become popular because of it's potential and a higher price of the market that can attract more people and investor's to invest in bitcoin.
December 25, 2017, 04:58:20 AM
Bitcoin still popular when the value is still on tthe top and still acceptable to the market. The popularity of bitcoin defends on how it is being used. It defends also on how it is being acceptable to the market. For the purpose of purchasing goods etc...
December 25, 2017, 04:48:11 AM
I think if the bitcoin has a stable price, would be not popular because the one concept why bitcoin is popular the price or the value of it. So bitcoin will not get the attention of the people so bitcoin will not be popular. Good idea of the bitcoin is people able to convert it to fiat and fiat to bitcoin
December 25, 2017, 03:42:23 AM
The beauty of “bitcoin is it values. Like bitcoin white paper said bitcoin will rather became something valuable or nothing” by this what makes bitcoin popular is it values and price fluctuations. Bitcoin will be nothing if the price is stagnant.
December 25, 2017, 03:21:42 AM
Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
If bitcoin has a stable price bitcoin is not popular. People attract to bitcoin because of its volatility value that people attracts more of it. Volatile value if bitcoin is so much interesting because it gives hope to anybody to multiply your money. And
December 25, 2017, 02:55:54 AM
Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
If the price of bitcoin is stable like usd or euro I think it will be a popular and well known currency as well as accepting it as a currency to payment for. December 25, 2017, 02:51:22 AM
Yes !the stability of Bitcoin price will increase it popularity. Now, a stable currency is a currency which successfully performs its functions as a means of exchange, unit of account and a store of value because its purchasing power is stable.
Finally, a currency is stable when the general level of prices, measured by the Consumer Price Index, does not vary too much.
Finally, a currency is stable when the general level of prices, measured by the Consumer Price Index, does not vary too much.
December 25, 2017, 02:21:47 AM
Bitcoin becomes popular because it uses a new system and changes things that previously existed, with decentralization so many people dare to risk to buy whereas if the price is stable it will not make people interested to have bitcoin.
That's a game changer and it will be part of a big changes in the world and if this will be adopted by the people, only good things will happen. Bitcoin is the most popular because it was invented early and until now it's widely use, so there is a great potential for bitcoin as a good investment.
December 25, 2017, 01:31:17 AM
Bitcoin becomes popular because it uses a new system and changes things that previously existed, with decentralization so many people dare to risk to buy whereas if the price is stable it will not make people interested to have bitcoin.
December 24, 2017, 11:08:40 PM
Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
Bitcoin became quite popular because of its volatility. Making its price stable will surely remove its popularity since it is what most of the people long for with bitcoin. They invest here in bitcoin because they know that there is a large possibility that their profits will rise more than ever. Some people might still support bitcoin but the number of users will surely decrease if ever. December 24, 2017, 11:04:58 PM
Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
I don't think so. The volatility of bitcoin is one of the main reason why it became popular specially to the investors. If the price of it is stable, then the rise of its value will not happen anymore and it would not reach this high right now. Among all the other cryptocurrencies, bitcoin is the only one to rise up so high and so fast and it is all because of its volatility. It wouldn't be that much popular if the price is stable. December 24, 2017, 10:58:28 PM
I think it can not be as popular as it is today, because the stable price has been a lot of payment processor which previously has been strong and accepted by many banks such as paypal or payoner.
December 24, 2017, 10:46:49 PM
Bitcoin is a tool for payment, a fantastic tool.
Its investing potential is a different thing: you can use it without investing: Do you owe Google shares?
Its investing potential is a different thing: you can use it without investing: Do you owe Google shares?
December 24, 2017, 07:14:56 PM
If the bitcoin price is stable then it will not be popular because there is no dev. who are interested to develop blockchain technology and of course bitcoin will be associated with banks so it looks the same as the previous payment system is paypal.
Bitcoin have stable price or don't have stable price it will still there, but lately it is more popular than before and too many of us are in here too. Maybe next year the number of users maybe triple.
December 22, 2017, 08:27:34 AM
Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
I think its not popular if bitcoin has a stable price, the only way why bitcoin is so become popular because of the unstable price that bitcoin give to the user. And if the bitcoin price is stable with a low price no one can notice that bitcoin is exist in the world, and is has no future. Unlike now bitcoin become a future currency the every people recognize it existing.
December 22, 2017, 08:13:54 AM
This thread was created in the wrong section. This should be in the Economics sections. Anyhow, to answer you question: A stable price would most likely end up attracting even more people to Bitcoin. One of the major 'cons' that it currently has (for people who consider joining) is that it is very volatile and that you might end up having much less money (e.g. in USD) the day after you've bought some Bitcoin.
Although bitcoin dont have a stable price, its papularity is still there becuase value of bitcoin and its price is so high for now. So his bitcoin is so papular even its price will npt stable.
December 21, 2017, 01:58:43 PM
Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
Nope it wouldn't be that popular if the prices were stable, since people are investing in bitcoins with the sole reason of making profits at a quicker rate,and it wouldn't interest people if the prices were stable
December 21, 2017, 01:18:33 PM
If the bitcoin price is stable then it will not be popular because there is no dev. who are interested to develop blockchain technology and of course bitcoin will be associated with banks so it looks the same as the previous payment system is paypal.
Bitcoin have stable price or don't have stable price it will still there, but lately it is more popular than before and too many of us are in here too. Maybe next year the number of users maybe triple. Jump to: